Inspired by New York.
Realized in Riyadh.
Company Overview
SKALE was founded in 2021, carrying forward the Assiri family enterprise active in Saudi Arabia since 1982. The family’s work for royal palaces and ministries established a standard of precision.
At a glance
Established 2021
Heritage
Operating in Saudi Arabia since 1982
Headquarters
Riyadh, Saudi Arabia
Global Presence
New York, USA
3.5B SAR
Lead Investor: the first and largest sale-leaseback in Saudi Arabia
3.0B SAR
Current Development Pipeline
4.0M+ SQM
Land Bank: square meters held across Saudi Arabia
200+
Family Track Record: ultra-luxury design and fit-out projects for royal palaces and ministries
Strategic Partner
Investor & Shareholder in SKALE
Expertise
A Riyadh-based team with institutional development experience across Saudi Arabia and the United States
The SKALE standard
Development
Approach
SKALE appoints the architects, engineers, contractors, and specialist consultants each project requires. Its internal team coordinates their work and remains responsible for decisions, delivery, leasing, and operation.
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Conceptual stage
SKALE begins by modeling the site, analyzing zoning and physical constraints. This process shapes the project’s vision and establishes its massing.
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Design stage
SKALE selects a design team to bring the project to life. Plans are refined based on feedback to enhance constructibility and budget alignment.
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GC assignment stage
SKALE solicits RFPs from general contractors, prioritizing qualifications, team composition, and construction approach before awarding the contract.
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Procurement stage
SKALE collaborates with the GC to manage procurement, ensuring comprehensive scoping and securing the best pricing on a trade-by-trade basis.
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Construction stage
SKALE’s internal team oversees daily progress, manages costs, resolves issues, and maintains a safe, efficient work environment.
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Operation stage
SKALE’s property and asset management teams lease, operate, and manage the building, ensuring long-term value creation and top-tier service.
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Open LASALAl Murabba District, Riyadh
LASAL
LASAL Central rises near King Salman Park, at the intersection of King Saud Road and Prince Abdulaziz Ibn Musaid Ibn Jalawi Street. The residential floors sit between more than 3,000 square meters of amenities across the ground floor and roof deck.
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Open TALA PalacesAl Nada, Riyadh
TALA Palaces
The development comprises seventeen private palaces. Each occupies its own land parcel, with a private pool and no shared building.